Presenting to you an excellent investment opportunity located in beautiful Golden Colorado. Located at 18221 W. 3rd Place, this well maintained 4-Unit Quadplex features a layout of four identical 2 BED/1 BATH units. Each unit has an individual furnace, water heater, laundry closet with washer & dryer and are individually metered. 8 parking spaces total and 2 assigned per unit. Freshly painted exterior. Practically zero vacancies in its rental history. This Quadplex is conveniently located close to everything that Golden has to offer; charming Downtown Golden, Colorado School of Mines, Coors Brewery, many restaurants, shopping and entertainment. Currently renting well below market rent.
Per the City of Golden zoning department, this property is zoned R3 which allows for a quadplex by right. However, it is located in an area that is in the Transition Building Form Zone and is eligible through the city for special redevelopment. Many potential redevelopment ideas including cottage compounds, row houses, mixed use buildings, etc..
Sold for $1,150,000 on 12/15/23
$1,150,000
18221 W 3rd Place, Golden, CO 80401
8beds
4baths
3,400sqft
Quadruplex
Built in 1974
-- sqft lot
$1,182,300 Zestimate®
$338/sqft
$2,315 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 24, 2024 at 08:40am
Listed by:
Lana Baker 720-933-3357 HomesbyLB@gmail.com,
Realty One Group Platinum Elite
Bought with:
Lana Baker, 100069335
Realty One Group Platinum Elite
Source: REcolorado,MLS#: 2354727

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Linoleum
- Has basement: No
Interior area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
- Finished area above ground: 3,400
Property
Parking
- Total spaces: 8
- Details: Off Street Spaces: 8
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Yard
Lot
- Size: 8,400 sqft
Details
- Parcel number: 104457
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Community & neighborhood
Location
- Region: Golden
- Subdivision: Hillcrest
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,Other
- Ownership: Corporation/Trust
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Estimated market value
$1,182,300